Current lease runs until February 2019. - Vendor is Currently re-negotiating 3 + 3 year lease -
1 full time owner operator + 1 casual (approx. 22 hours per week).
About the Business
Ladies Fashion - Retail - South Sydney
SBX Code: GJ1454A Retail ladies fashion boutique, specialising in dressy casual. - Also offers accessories and shoes. - Something different for the discerning buyer. - Vendor does buying 2 days per week. - This boutique generates consistently reliable profit.
Potential Add new product lines. - Add promotional evenings. - Add online sales. - Add instagram promotions. - Ideal for lady with school aged children or a mature lady wanting new opportunity.
Features Fabulous contacts with agents and suppliers. - Middle to upmarket brands. - Easy to operate. - Established 32 years.
Premises Modern boutique with an area of 21 sq.mts. with 2 fitting rooms, air conditioning.
Location Prime corner location on entry to Southern Suburbs shopping centre.
Lease Current lease runs until February 2019. - Vendor is Currently re-negotiating 3 + 3 year lease - However, longer term may also be available. - Centre management is keen to keep this long term tenant.
Employees 1 full time owner operator + 1 casual (approx. 22 hours per week).
Comments Negotiations for new lease include reduction in rent and outgoings, rent free period and some fitout upgrade contribution from the centre management.